1. Includes finance company subsidiaries of bank holding companies but not of retailers and banks. 2. Owned receivables are those carried on the balance sheet of the institution. Managed receivables are outstanding balances of pools upon which securities have been issued; these balances are no longer carried on the balance sheets of the loan originator. Data are shown before deductions for unearned income and losses. Components may not add to totals because of rounding. 3. Data are from the subsidiaries of the three major U.S. automobile manufacturers and are volume-weighted averages covering all loans of each type purchased during the month.

OWNED AND MANAGED RECEIVABLES 2

1997

1998

Nov

Dec

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Not Seasonally Adjusted

Outstandings (billions of dollars)

Total

806.9

818.1

812.2

819.6

819.7

825.3

832.2

836.0

835.2

842.6

850.0

865.5

874.4

Consumer

325.4

330.9

326.2

324.8

325.4

326.7

329.4

335.4

338.5

340.5

344.9

351.2

353.9

Motor vehicle loans

86.0

87.0

87.4

84.7

86.8

90.6

89.6

89.9

91.7

95.3

96.2

97.6

99.0

Motor vehicle leases

96.4

96.8

94.5

94.7

95.2

95.9

95.9

97.0

97.3

96.9

94.9

94.6

94.4

Revolving 4

34.8

38.6

37.6

36.9

36.6

30.4

30.5

29.9

29.6

30.2

29.3

34.6

34.7

Other 5

35.5

34.4

34.5

34.1

33.0

33.4

33.5

34.4

35.0

34.7

34.6

34.6

34.6

Securitized Assets 6

Motor vehicle loans

42.5

44.3

42.8

45.3

45.0

42.8

45.7

49.3

50.2

49.2

51.8

51.6

53.4

Motor vehicle leases

11.0

10.8

10.7

10.6

10.5

10.4

10.8

10.9

10.8

10.7

14.2

14.4

14.2

Revolving

0.0

0.0

0.0

0.0

0.0

5.3

5.3

5.3

5.3

5.3

5.3

5.3

5.3

Other

19.2

19.0

18.7

18.5

18.2

18.1

18.1

18.6

18.5

18.2

18.8

18.6

18.4

Real estate

121.7

121.1

121.9

123.7

121.6

121.9

124.2

120.9

125.2

128.1

128.8

132.3

134.3

One- to four-family

59.4

59.0

59.8

62.2

61.5

62.4

65.2

62.3

65.9

68.6

68.4

72.2

74.1

Other

29.0

28.9

29.1

29.0

28.1

28.1

28.1

27.5

28.5

28.7

30.1

30.2

30.7

Securitized real estate assets 6

One- to four-family

33.0

33.0

32.8

32.3

31.8

31.2

30.7

30.9

30.6

30.7

30.2

29.8

29.4

Other

0.2

0.2

0.2

0.2

0.2

0.2

0.2

0.1

0.1

0.1

0.1

0.1

0.1

Business

359.8

366.1

364.0

371.1

372.7

376.7

378.6

379.7

371.5

374.0

376.2

382.0

386.3

Motor vehicles

62.0

63.5

61.8

64.8

67.8

68.2

69.1

68.4

61.1

62.5

65.5

68.5

70.9

Retail loans

26.3

25.6

26.1

26.4

27.3

28.3

29.3

29.2

29.2

29.6

30.0

30.4

29.4

Wholesale loans 7

25.8

27.7

25.6

28.2

30.2

29.5

29.5

28.2

21.0

22.0

24.2

27.0

30.3

Leases

9.8

10.2

10.1

10.2

10.2

10.4

10.4

11.0

10.9

10.9

11.3

11.1

11.2

Equipment

198.9

203.9

204.2

204.7

206.5

207.8

209.3

212.8

212.8

212.0

210.8

211.5

212.0

Loans

49.6

51.5

50.7

49.9

50.8

51.2

51.3

52.7

51.6

51.8

47.9

47.2

47.8

Leases

149.4

152.3

153.5

154.8

155.7

156.7

158.0

160.2

161.2

160.2

162.9

164.3

164.2

Other business receivables 8

54.0

51.1

52.1

55.6

51.6

54.0

54.3

53.7

54.5

57.0

58.9

59.6

60.4

Securitized assets 6

Motor vehicles

32.4

33.0

31.5

31.2

32.1

31.6

31.0

29.1

26.3

25.9

24.5

25.0

25.8

Retail loans

2.5

2.4

2.3

2.2

2.0

1.9

1.9

2.3

2.2

2.1

2.0

1.9

2.4

Wholesale loans

29.8

30.5

29.2

29.0

30.0

29.6

29.2

26.7

24.1

23.8

22.5

23.2

23.4

Leases

0.0

0.0

0.0

0.0

0.0

0.0

0.0

0.0

0.0

0.0

0.0

0.0

0.0

Equipment

9.9

10.7

10.4

10.8

10.5

10.3

10.2

10.5

11.5

11.4

11.3

12.0

11.8

Loans

4.1

4.2

3.9

4.3

4.2

4.1

4.0

4.1

5.1

4.9

4.9

5.6

5.4

Leases

5.8

6.5

6.5

6.5

6.3

6.2

6.2

6.4

6.4

6.4

6.4

6.4

6.4

Other business receivables 8

2.6

4.0

4.0

4.0

4.2

4.7

4.7

5.3

5.4

5.2

5.3

5.2

5.3

4. Excludes revolving credit reported as held by depository institutions that are subsidiaries of finance companies. 5. Includes personal cash loans, mobile home loans, and loans to purchase other types of consumer goods such as appliances, apparel, boats, and recreation vehicles. 6. Outstanding balances of pools upon which securities have been issued; these balances are no longer carried on the balance sheets of the loan originator. 7. Credit arising from transactions between manufacturers and dealers, that is, floor plan financing. 8. Includes loans on commercial accounts receivable, factored commercial accounts, and receivable dealer capital; small loans used primarily for business or farm purposes; and wholesale and lease paper for mobile homes, recreation vehicles, and travel trailers.